San Bernardino California Reservation of A Call on, Or Preferential Right to Purchase Production by Lessor

State:
Multi-State
County:
San Bernardino
Control #:
US-OG-820
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

San Bernardino County is located in the state of California, United States. It is the largest county in the state and encompasses a diverse range of landscapes, from mountains to deserts. Within San Bernardino County, there are several Indian reservations, including the San Manuel Reservation and the Moron go Reservation. These reservations are sovereign territories belonging to Native American tribes and are located within the boundaries of the county. A reservation of a call on, or preferential right to purchase production by a lessor refers to a legal provision or agreement that grants a lessor (landowner) the right to purchase or call on the production of minerals, oil, gas, or other natural resources from the lessee (tenant) before offering it to other parties. This provision ensures that the lessor has the first opportunity to acquire the produced resources at a predetermined price or under specific conditions. In the context of San Bernardino County, there may be various types of reservation of a call on or preferential right to purchase production by the lessor. Some possible variations could include: 1. San Bernardino California Reservation of a Call On Production: This type of reservation grants the lessor the right to purchase or "call on" the produced resources, usually minerals or energy, before they are offered to third parties. The lessor can exercise this right within a specified period or under specific circumstances. 2. San Bernardino California Reservation of a Preferential Right to Purchase Production: This reservation gives the lessor the option to purchase the produced resources from the lessee before they are made available to other purchasers. The lessor has the first opportunity to negotiate a purchase agreement based on predetermined terms, such as price, quantity, or quality. 3. San Bernardino California Reservation of a Call On or Preferential Right to Purchase Oil or Gas Production: This type of reservation specifically applies to oil or gas production. It ensures that the lessor has priority over third parties when it comes to acquiring the produced oil or gas. The lessor can exercise the call on or preferential right within the terms specified in the agreement. 4. San Bernardino California Reservation of a Call On or Preferential Right to Purchase Mineral Production: This reservation pertains to minerals extracted or produced within the San Bernardino County area. The lessor retains the right to call on or preferentially purchase the mineral production before it is offered to other buyers. The terms and conditions regarding this right are typically outlined in the lease or agreement between the lessor and lessee. It is important to note that the specific terms and conditions of any reservation of a call on, or preferential right to purchase production by a lessor may vary depending on the individual agreements, leases, or legal frameworks in place.

San Bernardino County is located in the state of California, United States. It is the largest county in the state and encompasses a diverse range of landscapes, from mountains to deserts. Within San Bernardino County, there are several Indian reservations, including the San Manuel Reservation and the Moron go Reservation. These reservations are sovereign territories belonging to Native American tribes and are located within the boundaries of the county. A reservation of a call on, or preferential right to purchase production by a lessor refers to a legal provision or agreement that grants a lessor (landowner) the right to purchase or call on the production of minerals, oil, gas, or other natural resources from the lessee (tenant) before offering it to other parties. This provision ensures that the lessor has the first opportunity to acquire the produced resources at a predetermined price or under specific conditions. In the context of San Bernardino County, there may be various types of reservation of a call on or preferential right to purchase production by the lessor. Some possible variations could include: 1. San Bernardino California Reservation of a Call On Production: This type of reservation grants the lessor the right to purchase or "call on" the produced resources, usually minerals or energy, before they are offered to third parties. The lessor can exercise this right within a specified period or under specific circumstances. 2. San Bernardino California Reservation of a Preferential Right to Purchase Production: This reservation gives the lessor the option to purchase the produced resources from the lessee before they are made available to other purchasers. The lessor has the first opportunity to negotiate a purchase agreement based on predetermined terms, such as price, quantity, or quality. 3. San Bernardino California Reservation of a Call On or Preferential Right to Purchase Oil or Gas Production: This type of reservation specifically applies to oil or gas production. It ensures that the lessor has priority over third parties when it comes to acquiring the produced oil or gas. The lessor can exercise the call on or preferential right within the terms specified in the agreement. 4. San Bernardino California Reservation of a Call On or Preferential Right to Purchase Mineral Production: This reservation pertains to minerals extracted or produced within the San Bernardino County area. The lessor retains the right to call on or preferentially purchase the mineral production before it is offered to other buyers. The terms and conditions regarding this right are typically outlined in the lease or agreement between the lessor and lessee. It is important to note that the specific terms and conditions of any reservation of a call on, or preferential right to purchase production by a lessor may vary depending on the individual agreements, leases, or legal frameworks in place.

How to fill out San Bernardino California Reservation Of A Call On, Or Preferential Right To Purchase Production By Lessor?

Drafting paperwork for the business or individual needs is always a huge responsibility. When drawing up an agreement, a public service request, or a power of attorney, it's crucial to take into account all federal and state laws and regulations of the particular area. However, small counties and even cities also have legislative provisions that you need to consider. All these aspects make it tense and time-consuming to draft San Bernardino Reservation of A Call on, Or Preferential Right to Purchase Production by Lessor without expert assistance.

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San Bernardino California Reservation of A Call on, Or Preferential Right to Purchase Production by Lessor